NU Property & Casualty 360

Combatting deceptive marketing practices among NAIC's 2023 priorities

The association also announced its committee leadership for 2023.

Posted: Feb 16, 2023

2023 P&C Outlook: Assessing the impact of higher rates & greater underwriter scrutiny

Rate increases, access and capacity will vary significantly from industry to industry and region to region.

Posted: Feb 15, 2023

Kia, Hyundai release software to make vehicles harder to steal

The free anti-theft software updates follow a social media challenge leading to an alarming spike in stolen cars.

Posted: Feb 15, 2023

AI: The key to innovative collaboration with TPAs

The relationship between an insurance carrier and a third-party administrator can be complex and multifaceted.

Posted: Feb 15, 2023

What's the outlook for M&A in insurance services?

Uncover what will drive the pace of M&A activity and how to navigate deal-making in the current climate.

Posted: Feb 15, 2023

DOL violations: A refresher on child labor laws

Failure to comply with federal and state labor laws when employing those under the age of 18 can result in significant fines for employers.

Posted: Feb 14, 2023

Is an insurance adjuster a 'disinterested' party when it comes to appraisals?

"The majority’s failure to recognize this ambiguity will result in a financial burden on insureds of limited economic means," Justice Jorge Labarga wrote.

Posted: Feb 14, 2023

Around the P&C insurance industry: February 15, 2023

Insurance industry news from VisionTrack, Selective Insurance, Coalition and more.

Posted: Feb 14, 2023

The 10 dirtiest U.S. cities

The dirtiest cities were determined by examining pollution, living conditions, infrastructure and consumer satisfaction.

Posted: Feb 14, 2023

The future of insurance marketing

Our guest on this week's episode of Insurance Speak is Ifty Kerzner, co-founder and president of Kissterra.

Posted: Feb 14, 2023

Georgia insurance department gets new fraud-fighting tool

The system will also handle complaints against public adjusters, claims of theft by conversion and identity theft.

Posted: Feb 14, 2023

A dozen common wedding liabilities and risks

The bigger the wedding, the more reasons couples have to procure special event insurance in advance of their nuptials.

Posted: Feb 14, 2023

Revealing the holes in roof age data and how to repair them

Inaccurate estimates of roof age are costing insurers over $1 billion annually in premiums.

Posted: Feb 13, 2023

Companies are overlooking ‘people risk’ in inflationary, recessionary environment

Employees are an organization’s most important asset. They also represent the biggest risk. How are you mitigating your organization’s people risk?

Posted: Feb 13, 2023

Sparkly new Valentine’s gift? Here’s how to protect it

Do you need coverage for the new bling you got for Valentine's Day? The answer is probably 'yes.'

Posted: Feb 13, 2023

A dozen common wedding liability concerns

The bigger the wedding, the more reasons couples have to procure special event insurance in advance of their nuptials.

Posted: Feb 13, 2023

How to prepare a business for an earthquake

Earthquakes cannot be accurately predicted or prevented, but their damages can be mitigated with careful planning.

Posted: Feb 13, 2023

Trumbull Insurance Co. faces class action for withholding material, labor costs

According to the complaint, the plaintiff's policy does not allow withholding labor as depreciation.

Posted: Feb 13, 2023

Four benefits of quickly reporting workers' comp claims

Promptly reporting worker injuries protects the employee and the employer in multiple ways.

Posted: Feb 12, 2023

Who's using what in P&C insurance: February 13, 2023

Insurance technology news from Nexar, Crum & Forster, Verisk and more.

Posted: Feb 12, 2023

Judge says insurer must defend builder accused of violating 'tree-cutting statute'

Whether a developer mistakenly believed it had the right to remove trees and dirt from a property was the deciding factor in the ruling.

Posted: Feb 12, 2023

How to protect P&C profits under pressure

The current financial climate is forcing MGUs, MGAs and insurance carriers to compete on price. Here are three ways to do that.

Posted: Feb 12, 2023

Samsung plant sues insurer over $400M in winter storm damage claims

Factory Mutual paid Samsung $126 million of the $400 million claim, citing policy exclusions for events that occur off the insured property.

Posted: Feb 12, 2023

Court dismisses most of Madison Square Garden’s business interruption suits

The lawsuit alleges that the 35 linked MSG companies paid "millions of dollars in premiums," but "instead of honoring their obligations, the insurers have paid nothing for the MSG Insureds’ losses."

Posted: Feb 12, 2023

Protecting insurance information through a natural disaster

Cyber attackers won’t hesitate to target companies during the most devastating times, so preparation is vital to protect company data.

Posted: Feb 10, 2023